Silver XAGUSD Chart Technical Outlook a correction lower will form a bearish Bat at $22.94
Completed a bearish 5-wave count at $21.91. We are now assessed as being in the corrective formation to the upside. A mild move lower from the overnight swing high of $22.55 would suggest we will eventually build a bearish Bat formation. This would complete at $22.94. With bespoke resistance at $22.97 and $23.01, this upside range is a formidable barrier.
